RHB Retail Research
Trading Stocks - Techfast
Techfast may rebound higher after it tested the MYR0.425 support in recent sessions. Given that it has formed a white candle for the second consecutive day, the positive sentiment has been enhanced. A positive bias may emerge above the MYR0.45 level, with an exit set below the MYR0.425 threshold. Towards the upside, the immediate resistance is at MYR0.50. This is followed by the MYR0.54 level.
Source: RHB Securities Research - 18 Nov 2019
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